Townsquare Media Q2 2024 Adj. EPS $0.14 vs $0.36 Estimate, Sales $118.225M Beat $117.845M Estimate
Portfolio Pulse from Benzinga Newsdesk
Townsquare Media reported Q2 2024 adjusted EPS of $0.14, missing the estimate of $0.36. However, sales came in at $118.225 million, slightly beating the estimate of $117.845 million.
August 07, 2024 | 10:05 am
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Townsquare Media's Q2 2024 adjusted EPS of $0.14 missed the estimate of $0.36, but sales of $118.225 million slightly beat the estimate of $117.845 million.
The significant miss on EPS is likely to weigh more heavily on investor sentiment than the slight beat on sales. This could lead to a short-term decline in TSQ's stock price.
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